Hilltop Holdings Inc. Acquires Shares of 25,593 Amplify CWP Enhanced Dividend Income ETF $DIVO

Hilltop Holdings Inc. purchased a new position in shares of Amplify CWP Enhanced Dividend Income ETF (NYSEARCA:DIVO) during the first quarter, Holdings Channel reports. The institutional investor purchased 25,593 shares of the company’s stock, valued at approximately $1,148,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in DIVO. Creative Planning bought a new stake in shares of Amplify CWP Enhanced Dividend Income ETF in the 2nd quarter worth approximately $438,000. JPMorgan Chase & Co. grew its stake in shares of Amplify CWP Enhanced Dividend Income ETF by 18.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 39,062 shares of the company’s stock worth $1,662,000 after acquiring an additional 6,132 shares during the period. Cerity Partners LLC increased its holdings in Amplify CWP Enhanced Dividend Income ETF by 8.1% in the 2nd quarter. Cerity Partners LLC now owns 8,673 shares of the company’s stock worth $370,000 after acquiring an additional 648 shares during the last quarter. Qube Research & Technologies Ltd raised its stake in Amplify CWP Enhanced Dividend Income ETF by 5,278.3% in the 2nd quarter. Qube Research & Technologies Ltd now owns 46,899 shares of the company’s stock valued at $1,996,000 after acquiring an additional 46,027 shares during the period. Finally, NCM Capital Management LLC lifted its holdings in Amplify CWP Enhanced Dividend Income ETF by 3.9% during the second quarter. NCM Capital Management LLC now owns 299,115 shares of the company’s stock valued at $12,734,000 after purchasing an additional 11,291 shares during the last quarter.

Amplify CWP Enhanced Dividend Income ETF Trading Up 0.4%

Shares of DIVO stock opened at $46.67 on Friday. The firm’s 50 day moving average is $46.15 and its 200 day moving average is $45.86. The stock has a market capitalization of $7.53 billion, a P/E ratio of 22.46 and a beta of 0.65. Amplify CWP Enhanced Dividend Income ETF has a 12 month low of $42.29 and a 12 month high of $47.30.

Amplify CWP Enhanced Dividend Income ETF Profile

The Amplify CWP Enhanced Dividend Income ETF (DIVO) is an exchange-traded fund that is based on the S&P 500 Stock Covered Call index. The fund is an actively-managed ETF that provides income by selecting stocks from the S&P 500 Index overlaid with a tactical call writing strategy. DIVO was launched on Dec 14, 2016 and is managed by Amplify.